The Lower House of the Parliament of Canada has ratified the free trade agreement with Ukraine. After completion of all the ratification procedures, Canada will abolish duties on 99.9% of Ukrainian imports. In turn, Ukraine will cancel 86% of duties on imports from Canada.

2016 could be regarded as a year of political and economic consolidation for Ukraine. With the ongoing Ukraine/Russia conflict posing a threat to the future development as well as the new US policy towards the given conflict being yet to forecast, there are definitely plenty of positive signs on Ukraine’s political horizon. We will share quarterly information on the developments in Ukraine in our new UKRAINE NEWSLETTER section.